Get ready for summertime in this 2-bedroom 1-bathroom condo, which has been beautifully maintained and is move-in ready. It offers comfort, efficiency, and an unbeatable location close to the beach, boardwalk, and all that Ocean City has to offer. Recent improvements include upgraded electric, energy-efficient mini-split systems installed in 2021 for heating and cooling, and a newly renovated bathroom featuring radiant heated floors for added comfort year-round. Enjoy the outside shower, coin-operated laundry room, and beach chair storage that come with the unit. Perfect as a shore getaway, investment property, or easy coastal retreat, this well-cared-for unit combines modern updates with convenient access to Ocean City’s best attractions.
Sold for $490,000
$490,000
1027 Ocean Ave APT 5, Ocean City, NJ 08226
2beds
546sqft
Condominium
Built in 1968
-- sqft lot
$497,500 Zestimate®
$897/sqft
$2,886 Estimated rent
Home value
$497,500
$443,000 - $557,000
$2,886/mo
Zestimate® history
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List your homeWhat's special
Newly renovated bathroomBeautifully maintainedUpgraded electricRadiant heated floorsOutside shower
Zillow last checked:
Listing updated:
Listed by:
BRAD RICE 609-502-2242,
BHHS FOX and ROACH-West Ave OC,
LORIE RICE 609-602-1295
Bought with:
MARYELLEN SHEEHAN, 1753580
Source: SJSRMLS,MLS#: 604723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Heat Pump, Multi-Zoned, Radiant, Underground Tank, See Remarks
Cooling
- Multi-Zoned
Appliances
- Included: Electric Stove, Microwave, Refrigerator
Features
- Pets Allowed, Eat-in Kitchen
- Windows: Blinds
- Has fireplace: No
Interior area
- Total structure area: 546
- Total interior livable area: 546 sqft
Property
Parking
- Total spaces: 1
- Parking features: None
Features
- Levels: One
- Stories: 2
- Waterfront features: Beach Block, Boardwalk Area
Details
- Additional structures: Storage Facility
- Parcel number: 7
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick, Vinyl
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundromat On Site, Outside Shower, Storage Facility
- Subdivision: Dolphin Court
HOA
- Amenities included: Laundromat On Site, Outside Shower, Storage Facility
- Services included: Insurance, Maintenance, Management, Sewer, Trash, Water, See Remarks
- HOA fee: $237 monthly
Location
- Region: Ocean City
Financial & listing details
- Price per square foot: $897/sqft
- Tax assessed value: $228,000
- Annual tax amount: $2,558
- Date on market: 2/13/2026
- Date available: 02/13/2026
- Inclusions: Blinds, Partially Furnished
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $490,000-1.8%$897/sqft |
Source:  SJSRMLS #604723 Report a problem | ||
| 2/13/2026 | Listed for sale | $499,000+193.5%$914/sqft |
Source: SJSRMLS #604723 Report a problem | ||
| 6/2/2015 | Sold | $170,000-26.1%$311/sqft |
Source: SJSRMLS #445443 Report a problem | ||
| 3/28/2015 | Listed for sale | $229,900+206.5%$421/sqft |
Source: Fox Real Estate #445443 Report a problem | ||
| 5/16/1996 | Sold | $75,000$137/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,558 | $228,000 |
| 2024 | $2,558 +4.8% | $228,000 |
| 2023 | $2,442 +8.1% | $228,000 +1.5% |
| 2022 | $2,258 +2.8% | $224,700 |
| 2021 | $2,198 +1.1% | $224,700 |
| 2020 | $2,173 +0.9% | $224,700 |
| 2019 | $2,153 | $224,700 |
| 2018 | $2,153 +5.6% | $224,700 |
| 2017 | $2,038 +1.3% | $224,700 |
| 2016 | $2,011 +1.5% | $224,700 |
| 2015 | $1,982 +4.8% | $224,700 |
| 2014 | $1,892 -9.4% | $224,700 -19.1% |
| 2012 | $2,088 +2.6% | $277,600 |
| 2011 | $2,035 +3.8% | $277,600 |
| 2010 | $1,960 +4.4% | $277,600 |
| 2009 | $1,877 +16.8% | $277,600 |
| 2008 | $1,606 +3.1% | $277,600 +72.9% |
| 2007 | $1,558 | $160,600 |
| 2006 | -- | $160,600 |
| 2005 | -- | $160,600 |
| 2004 | $1,558 | $160,600 |
| 2003 | -- | $160,600 +111.6% |
| 2002 | -- | $75,900 |
| 2001 | -- | $75,900 |
Find assessor info on the county website
Neighborhood: 08226
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Nearby schools
GreatSchools rating
- 7/10Ocean City Primary SchoolGrades: PK-3Distance: 0.6 mi
- 6/10Ocean City Intermediate SchoolGrades: 4-8Distance: 1 mi
- 8/10Ocean City High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$497,500
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Estimated market value
$497,500
- New Jersey
- Cape May County
- Ocean City
- 08226
- 1027 Ocean Ave Apartment 5
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